Date Approved
02/25/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
GANGELHOFF PROPERTIES INC.
Borrower Address
209 16th St NE
Borrower City
Little Falls
Borrower State
MN
Borrower Zip
56345-3389
Loan Status Date
12/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
113618.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
78088
Servicing Lender Name
RiverWood Bank
Servicing Lender Address
14540 Dellwood Dr
Servicing Lender City
BAXTER
Servicing Lender State
Servicing Lender Zip
56425-9744
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRISON
Project State
Project Zip
CD
MN-07
Jobs Reported
18
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
113616.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
114425.95
Forgiveness Date
11/16/2021